politics

SoftBank donated $50 million to Trump’s library months before federal data center deal

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SoftBank donated $50 million to Trump’s library months before federal data center deal

TL;DR

  • SoftBank is leasing federal land in Ohio for a large data center.
  • The company contributed $50 million to the Trump Presidential Library in January.
  • Lawmakers have raised concerns that the donation preceded the lease deal and could indicate bribery.
  • SoftBank's SB Energy subsidiary plans to build a gas-fired power plant with at least 9.2 gigawatts capacity nearby.
  • The donation was made to the Donald J. Trump Presidential Library Foundation, Inc., not the dissolved Donald J. Trump Presidential Library Fund.